WB District LLC
WB District LLC is a real estate fund based in Scottsdale, Arizona. According to its most recent Form D, filed May 20, 2022, it has sold $2,765,000 of interests to 25 investors since its first sale in May 2022. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Scott Weedman; Brian Bowers.
- Total raised
- $2,765,000Cumulative sales reported on Form D
- Investors
- 25
- First sale
- May 9, 2022
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Scott Weedman; Brian Bowers
- Latest Form D
- May 20, 2022
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about WB District LLC
What is the minimum investment for WB District LLC?
WB District LLC's latest Form D, filed May 20, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in WB District LLC?
WB District LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has WB District LLC raised?
WB District LLC reports $2,765,000 sold from 25 investors on its Form D filed May 20, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is WB District LLC based?
WB District LLC is based in Scottsdale, Arizona.
When did WB District LLC launch?
WB District LLC reports its first sale in May 2022.
Size compared with every real estate fund
Raised more than 62% of the 346 real estate funds based in Arizona, and more than 52% of all 7,349 that report sales.